LAS
VEGAS, NV --
October 24, 2019 -- InvestorsHub NewsWire
-- Publicly-held
Smokefree
Innotec,
Inc. (OTC
Pink:
SFIO) announces confirmation
of upcoming
acquisitions, new product lines of NEO Water that will be
launching and steps to move forward with current reporting
on OTC
Markets.
High
pH alkaline bottled water
brand
NEO Water
is now moving forward
quickly
with exciting new lines of flavored waters including a
CBD
infused line.
NEO Water also plans to expand
into
the
UK
in the near future
with the endorsements from a group of professional soccer players
that own a
consumer packaged goods
distribution operation.
"I believe that the new lines
of NEO Water we will be rolling out will add
significantly to our revenues." stated
Bernard Rubin, Chief Executive Officer.
"Also, the
previous announced rapid growth plan to grow to $100 million in
revenues is making strides and
we are in
final stages of due diligence on 3 out of 11 potential
target
acquisitions
that we have
identified through talks and discussions with the respective
parties. We anticipate closing the first of these potential
acquisitions within 2-3 weeks."
Smokefree Innotec has
started providing the initial information to OTC Markets needed to
become current. In connection therewith, the company also plans to
seek a name and symbol change by application to FINRA in order to
better reflect the newly combined company's new business model.
Management expects that such milestones will be completed during
the fourth quarter of this year.
###
Statements in this press
release that are not historical fact may be deemed forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Although Smokefree
Innotec,
Inc. believes the expectations reflected in any forward-looking
statements are based on reasonable assumptions, Smokefree
Innotec,
Inc is unable to give any assurance that its expectations will be
attained. Factors that could cause actual results to differ
materially from expectations include the company's ability identify
a suitable business model for the corporation.
Contact:
Bernard Rubin
Chief Executive
Officer
Email:
IR@betta4ubrands.com
About NEO Water:
NEO Water, founded in 2011 was
one of the first high pH alkaline bottled water brands to achieve
national distribution. Since 2011, the brand has seen consistent
growth and is carried in over 2,500 locations nationwide from small
to large retailers including Whole Foods Market, Giant Eagle, Acme
Markets and Fred
Meyer stores.
NEO Water is primarily distributed by UNFI, KEHE and select Direct
Store Delivery distributors to retailers across natural, grocery,
convenience, wellness and specialty channels of trade.
The company posted over $10
million in
revenues at the time of its acquisition.
About Betta4U Brands:
Betta4U Brands
Inc. is a Delaware corporation
managing a growing portfolio of world-class beverages in the health
and wellness space. For more information,
contact IR@betta4ubrands.com.